Friday, June 3, 2011

Reebonz and MasterCard

Reebonz and MasterCard: MasterCard and Reebonz Form Marketing Alliance to Bring Greater Accessibility to Luxury Lifestyle.

Singapore: Against the backdrop of increasing consumer acceptance and uptake of e-commerce in Asia, MasterCard Worldwide and Reebonz have signed an agreement which will provide MasterCard cardholders with a new suite of luxury retail and lifestyle offerings at their fingertips.

MasterCard’s 2010 e-commerce transactions grew by 46% year-on-year in the South East and South Asia markets, in tandem with the region’s growing internet penetration, and the rise of savvy consumers leading an increasingly digital lifestyle.

Some exclusive privileges that MasterCard cardholders will enjoy include:
1. An additional 5% discount on full payments made for all sale products through its online store Reebonz.com, an upcoming physical concept store as well as the Reebonz Mobil
2. An additional 5% off merchandise during MasterCard Exclusive Online Sale Events held during the annual Great Singapore Sale and Malaysia Mega Sale Carnival
3. Privileged access to preview sale offerings and purchase exclusive or limited merchandise from Reebonz.com at least once a month
4. World, World Elite MasterCard cardholders will automatically gain the Reebonz VIP membership status and Solitaire membership perks that entitles them privileged access to the Reebonz Concept Store and exclusive members-only eventsbout.

MasterCard Worldwide
As a leading global payments company, MasterCard Worldwide prides itself on being at the heart of commerce, helping to make life easier and more efficient for everyone, everywhere. MasterCard serves as a franchisor, processor and advisor to the payments industry, and makes commerce happen by providing a critical economic link among financial institutions, governments, businesses, merchants, and cardholders worldwide. In 2010, $2.7 trillion in gross dollar volume was generated on its products by consumers around the world.